Depreciation Protection

Depreciation Protection (DPW) is designed to protect the equity (down-payment, re-finance equity, trade value or rebate) the Borrower has in the loan and what they will develop overtime as the loan is paid down. If you look at the traditional GAP product, it’s been the most accepted and financially successful product for lenders and dealers over the past 20-years. However, GAP only protects the ‘negative’ equity in a loan and many times is not a good fit for the borrower re-financing or placing a large down payment on the vehicle. DPW does not compete against GAP, but simply provides an alternative sale solution when the borrower has positive equity and does not have the need for traditional GAP.